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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: fedhead who wrote (2890)11/10/2000 2:55:11 PM
From: GST  Read Replies (1) | Respond to of 57684
 
Each to her/his own -- I think the price levels of the companies you mention are the ones still at serious risk -- those "leaders" as you call them could yet come crashing through their 200 dma's. Those are the companies that could indeed take the averages into the mid 2000's on the Nazdaq.



To: fedhead who wrote (2890)11/10/2000 3:32:50 PM
From: Robert Rose  Respond to of 57684
 
Anindo, I generally agree with this sentiment. It seems that stock by stock, sector by sector, bottoms are being established, if slowly. There may yet be a market-wide capitulation tumble. But perhaps instead the bottom takes place when the market finds a reason to trash the last glamour sector still standing, regardless of the others.

As I see it, only the biotechs still stand tall.



To: fedhead who wrote (2890)11/10/2000 4:34:54 PM
From: patron_anejo_por_favor  Respond to of 57684
 
<<Plus a lot of leaders like ARBA, SUNW etc are at their 200 day Moving averages.>>

207.61.23.98

207.61.23.98

How's that saying go?

"NEVER CATCH A FALLING KNIFE"



To: fedhead who wrote (2890)11/10/2000 5:19:24 PM
From: Mark Fowler  Read Replies (1) | Respond to of 57684
 
I think irrespective of who wins we are bouncing along the
bottom. Plus a lot of leaders like ARBA, SUNW etc are at
their 200 day Moving averages. I am not saying we will get
an explosive bull move here but these prices may be low
enough to scale into the leaders.<<

Sunw and Arba are coming back down to at least May lows Anindo, imo